Episode 219 — Antitrust Division Indicts Six Aerospace Executives for Criminal Conspiracy in Labor Markets
In a major development, the Antitrust Division returned an indictment against six executives from aerospace engineering firms for an illegal conspiracy to restrict competition in the labor market for aerospace engineers.
After warning U.S. businesses, DOJ started bringing criminal cases against businesses that restrict competition for labor through illegal price-fixing or no-poach agreements. The Connecticut criminal case represents a major step in the Justice Department’s focus on illegal agreements in labor markets.
In this Episode, Michael Volkov reviews the criminal case and the specific allegations.